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Question
There are a large number of buyers and sellers under a ______ market.
Options
Monopoly market
Perfect market
Oligopoly market
All of the above
Solution
There are a large number of buyers and sellers under a perfect market.
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RELATED QUESTIONS
Indian Railways is an example of ______.
Which among the following is a feature of monopsony market?
Which of the following market types has the fewest number of firms?
Read the following statements carefully and choose the correct alternative:
Assertion (A): Price discrimination is possible under monopoly.
Reason (R): A monopolist can charge different prices in different markets because different sets of consumers - rich and poor - have different price elasticity of demand for the monopolist's product.
Mention two features of monopoly.
There are no substitute goods in a monopoly market. Give a reason to support your answer.
Why is there no need for selling cost under perfect competition?
Which type of market structure is the following? Give reason.
Jeans
In what respects does oligopoly differ from monopoly?
Identify the market form from the following.
Price discrimination
